Lloyds Bank Foundation opens Racial Equity Funding for Charities07-May-2021
The Lloyds Bank Foundation for England and Wales has announced its Racial
Equity funding for small and local charities that are led by and that support Black, Asian, and ethnic minority communities.
Launched recently, charities can apply for two-year unrestricted grants of £50,000 alongside development support under the funding.
The funding will be open year-round, meaning charities can apply at a time that suits them and will not be restricted by deadlines.
The Foundation says they are looking to support charities where more than half of their Trustee Board are recognised as Black, Asian or minority ethnic, with an annual income of between £25,000 and £1m, and with a strong track record of helping people from minority communities across 11 complex social issues (such as homelessness, trafficking and domestic abuse).
The Foundation says there is no particular deadline, suggesting the scheme is a Continuous Rolling Programme, so applications can be accepted at any time.